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Home >> Fast Food Restaurants >> Cheesesteak
| Mr. Hero 5755 Granger Rd., # 200 Independence, OH 44131-1410
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Business Description
MR. HERO®, known for cheesesteaks, burgers and subs, is an exciting alternative to the typical quick-service restaurant. The MR. HERO® difference centers on the food! MR HERO® has grilled food offerings, such as the signature Romanburgers and Ribeye Hero, the Grilled Chicken Philly, hot buttered cheesesteaks and Potato Waffer Fries. The extensive menu also boasts an assortment of deli subs, fresh salads, pasta and an array of sides and desserts. MR. HERO ® is Keepin' It Fresh!
Franchisor Background
Year Established: 1969
Franchising Since: 1969
North America:
States/Provinces with the largest number of operating units:
Registered in Following Registration States: Illinois, Indiana, Maryland, Michigan, New York, Virginia, District Of Columbia
Financial Requirements
Average Number of Employees: 4 Full-time, 8 Part-time
Space Needs (in square footage): 1,500
Preferred Sites: Free-standing Building, Storefront, Strip Center, Regional Mall
Other Sites: Co-Brand
Encourage Conversions? Yes
Earnings Claims Provided?: No
MR. HERO®, known for cheesesteaks, burgers and subs, is an exciting alternative to the typical quick-service restaurant. The MR. HERO® difference centers on the food! MR HERO® has grilled food offerings, such as the signature Romanburgers and Ribeye Hero, the Grilled Chicken Philly, hot buttered cheesesteaks and Potato Waffer Fries. The extensive menu also boasts an assortment of deli subs, fresh salads, pasta and an array of sides and desserts. MR. HERO ® is Keepin' It Fresh!
Franchisor Background
Year Established: 1969
Franchising Since: 1969
| Operating Units: | |||||||||||||||||||||||||||||||
Franchised Units: | 107 | 89.2% | | ||||||||||||||||||||||||||||
| Company-Owned Units: | 13 | 10.8% | |||||||||||||||||||||||||||||
Total Operating Units: | 120 | 100.0% | |||||||||||||||||||||||||||||
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States/Provinces with the largest number of operating units:
| Density | Units |
| 1. Virginia | 2 |
| 2. Ohio | 112 |
| 3. North Carolina | 3 |
Registered in Following Registration States: Illinois, Indiana, Maryland, Michigan, New York, Virginia, District Of Columbia
Financial Requirements
| Investment: | |
| Minimum Net Worth: | $250K |
| Cash Investment: | $40-75K |
| Total Investment: | $75-300K |
| Average Total Investment: | $188K |
| Fees: | |
| Initial Franchise Fee: | $16.5K |
| Average Franchise Fee: | $16K |
| On-Going Royalty: | 5.5% |
| Average Royalty: | 6% |
| Advertising Fee: | 5% |
Space Needs (in square footage): 1,500
Preferred Sites: Free-standing Building, Storefront, Strip Center, Regional Mall
Other Sites: Co-Brand
Encourage Conversions? Yes
Earnings Claims Provided?: No
| Franchisee Qualifications | |
Ranked from 1 (unimportant) to 5 (important): | |
| Financial Net Worth: | 5 |
| General Business Experience: | 3 |
| Specific Industry Experience: | 3 |
| Formal Education: | 2 |
| Psychological Profile: | 5 |
| Personal Interview(s): | 4 |
| Terms of Contract | |
| Term of Initial Contract: | 20 Year(s) |
| Term of Renewal Period: | 20 Year(s) |
| Passive Ownership: | Allowed, But Discouraged |
| Area Development Agreements? | Yes, for 1 Year(s) |
| Sub-Franchising Contracts? | Yes |
| Franchisees Allowed to Expand Within Territory? | Yes |
| Support and Training | |
| International Franchise Association: | Yes |
| Canadian Franchise Association: | No |
| Franchisee Association/Member: | No |
| Size of Corporate Staff: | 40 |
| Site Selection Assistance? | Yes |
| Lease Negotiation Assistance? | Yes |
| Financial Assistance? | Yes, Direct |
| Marketing Support: | |
| Co-Op Advertising: | No |
| National Advertising: | No |
| Regional Advertising: | No |
| Local Advertising: | No |
| Marketing Materials: | None Specified |
| Additional Services: | None Specified |
| Other Marketing Support: | None Specified |
| On-Going Support: | |
| Central Data Processing: | Included in Fees |
| Central Purchasing: | Included in Fees |
| Field Operation Evaluation: | Included in Fees |
| Field Training: | Included in Fees |
| Initial Store Opening: | Included in Fees |
| Inventory Control: | Included in Fees |
| Franchisee Newsletter: | Included in Fees |
| Regional or National Meetings: | Included in Fees |
| 800 Telephone Hotline: | Included in Fees |
| Training: | |
| 1. Cleveland, OH | 4 Weeks |
| Expansion Plans | |
| Projected New Units Over Next 12 months: | 20 |
U.S.: | Yes, NE, E, SE, S, MW |
| Canada: | No |
| Overseas: | No |